The People's Bank of China (PBOC) announced today that it conducted 139 billion yuan of 7-day reverse repurchase operations, with both bids and winning bids amounting to 139 billion yuan, at an interest rate of 1.40%. Simultaneously, it conducted 661 billion yuan of overnight reverse repurchase operations and 300 billion yuan of 14-day reverse repurchase operations using a fixed-quantity, interest-rate bidding method with multiple price levels.
